Michael Byung Ju Kim still remembers the conversation that convinced him to set up his own private equity firm in his native South Korea.
Educated in the US, Kim worked on Wall Street for Goldman Sachs and Salomon Brothers before joining global private equity giant Carlyle, where as Asia president he led the firm’s Asian push in the early 2000s.
But a meeting in 2005 with Ho Ching, then chief executive officer of Singaporean state holding company Temasek, inspired him to strike out on his own.
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